HS Code:
The 'Printed, embossed or perforated' category under the Harmonized System (HS) Code typically refers to products such as paper, paperboard, or other materials that have been printed, embossed, or perforated for various uses including packaging, labeling, and decorative purposes. This category often falls under HS Chapter 48 (Paper and Paperboard) or related chapters depending on the specific material and use. These products are widely used in industries such as publishing, packaging, and manufacturing, and play a significant role in global trade due to their versatility and demand across multiple sectors.
Total Trade Volume
Approximately $15 billion USD
Data from 2022
Source
United Nations Comtrade Database
$3.2 billion USD
21.3% of total trade of total trade
Increasing
$2.1 billion USD
14.0% of total trade of total trade
Stable
$1.8 billion USD
12.0% of total trade of total trade
Increasing
$1.2 billion USD
8.0% of total trade of total trade
Stable
$900 million USD
6.0% of total trade of total trade
Increasing
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Rising demand for sustainable packaging
Increased trade in eco-friendly printed and embossed paper products as industries shift towards recyclable materials.
2021-2023
Digital printing technology advancements
Growth in customized and on-demand printed products, boosting trade in specialized paper categories.
2020-2022
E-commerce boom
Higher demand for printed and perforated packaging materials driven by online retail packaging needs.
2019-2023
The European Union introduced anti-dumping tariffs ranging from 5-10% on printed and embossed paper products from certain Asian countries to protect local manufacturers.
March 2023
Potential shift in trade flows as exporters redirect products to other regions; increased costs for EU importers.
A recent phase of the US-China trade agreement reduced tariffs on printed paper products, fostering increased bilateral trade in this category.
January 2023
Boosted exports from China to the US, potentially affecting domestic US producers.
Several countries introduced incentives for using recycled materials in printed and embossed products, aligning with global sustainability goals.
July 2022
Increased trade in certified sustainable paper products; higher compliance costs for traditional manufacturers.